Nokia Initiates Share Buyback Program to Enhance Shareholder Value

Nokia has initiated a share buyback program aimed at offsetting the dilution from shares issued to Infinera Corporation's shareholders. The program, initiated in November 2024, intends to repurchase up to 150 million shares by the end of 2025, with a total budget of 900 million euros. As of February 11, 2025, Nokia has already repurchased shares worth over 6.5 million euros. This strategic move reflects the company's commitment to enhancing shareholder value and consolidating its market position. Nokia continues to position itself as a leader in B2B technology, providing innovative solutions in mobile, fixed, and cloud networks, leveraging its expertise from Nokia Bell Labs. The buyback program is compliant with EU regulations and aligns with Nokia's long-term financial strategy.